9Pay: 5 Years of Journey - Make a breakthrough and go far

The market for digital payments is expanding, and a large number of payment intermediaries have established brands and market shares. However, 9Pay has quickly developed a comprehensive and practical set of financial solutions for millions of customers and businesses thanks to a strategic vision and unwavering goals.

At first, securing a position in the market was challenging and fraught with difficulties. A new brand like 9Pay needs to be extremely aggressive when dealing with competitors and establishing a reputation. Additionally, 9Pay faces numerous financial and resource constraints that make it difficult for 9Pay to effectively use resources for development.

Learn more: Fintech company experiencing explosive growth thanks to 9Pay's "tailored" payment solutions.

Develop a product with "one connection for all payment methods" based on fundamental principles.

9Pay, which was founded in 2018, quickly adapted and created its own market. While other businesses offer services for each particular sector, 9Pay has concentrated on developing a complete payment ecosystem, enhancing user experience, and assisting companies with cash flow management. As a result, over the past five years, 9Pay has consistently developed based on the fundamental principles to develop a set of solutions for all financial needs, quickly and conveniently satisfying requirements, and resolving challenges faced by businesses during the transaction processing process.

After two years of preparation, 9Pay received a license as a payment intermediary from the State Bank in 2020. This is a crucial step for 9Pay to take in order to participate in the country's payment system, as it will help businesses expand and reach a large number of customers in the area.

Convert challenges into opportunities, and proactively seek out and seize opportunities.

In response to these challenges, 9Pay has continued to invest in research and the development of cutting-edge technologies for payment systems while ensuring data security and confidentiality in accordance with global standards. 9Pay, a company that provides modern financial services, started to show up on the global Fintech "map" with its position as a reputable payment intermediary in the area.

In order to achieve breakthroughs over the past five years, 9Pay has consistently built a partner network, actively participated in Fintech events, sought opportunities in the market through research, and increased international cooperation. Implement methodical business strategies along with seminars at the same time to boost brand recognition. 

9Pay attended the Korea Fintech Week conference at the end of August

9Pay has and is constantly moving to adapt and seize new trends and opportunities despite experiencing many ups and downs over the years, including the rise of electronic payment, changes in consumer behavior, and most recently the strong wave of digitization of the finance and banking industry. Recognize the challenges that stable transaction processing systems, risk management, and legal regulations pose to digital payment intermediaries at this time. Above all, customer "trust" remains the most difficult barrier for 9Pay to overcome.

With a network of nationwide operations, a rich ecosystem of products, services, and financial solutions, and success in the momentum period (2018-2020) and breakthrough (2020-2023), 9Pay has developed into one of the fastest growing payment intermediaries in the market, meeting the payment needs of both the general public and the business community. That has made a difference for 9Pay, adding genuine value to the company and piqued the interest of foreign markets. 

9Pay deploys event activities, bringing "tailor-made" payment solutions to businesses

A representative of 9Pay shared that to turn challenges into opportunities, in its strategy, 9Pay focuses on training professional capacity for personnel, prioritizing resources for management, and at the same time respecting talented people. to adapt to business development. With complete preparations in terms of infrastructure and human resources, it will be a desirable new step towards a comprehensive financial solution according to business expectations.

Success comes from corporate responsibility

Success for 9Pay is measured not just in terms of numbers, but also in the preservation and growth of partner relationships.  Consistently deploying services with a customer-centric mindset is necessary.

Up to now, 9Pay has signed cooperation agreements with major global partners in many fields in Korea, Singapore, Hong Kong, Malaysia, China, UK... Maintaining links with VNPay to expand its scope. payment, 9Pay wallet users can make transactions at more than 200,000 VNPAY payment acceptance points nationwide via QR Code. This is one of the clear proofs of 9Pay's continuous development after only 5 years of operation.

Cooperation for development is one of the factors that create success for 9Pay

The five-year development process has demonstrated 9Pay's endurance, responsibility, and dedication to the industry. The 9Pay team's energy and dynamism are responsible for the impressive outcomes.

• 9Pay e-wallet reached 3 million users after only 3 years of development

• Accompanying more than 500 domestic and foreign financial partners

• Connect with more than 50 domestic banks

• Process trillions of transactions every month

• Won the award "Top 5 Most Favorite Payment Channels 2023"

• Become the leading Fintech unit in the international market in Vietnam

Learn more: 9Pay is in the top 5 most favorite payment channels at VGA 2023

9Pay employees join hands to build corporate culture

9Pay - Breaking through and reaching far is not only a simple success story, but also a mirror reflecting the spirit of a young business, always ready to innovate and transform.

9Pay is ready for the next development journey - the journey to become a strong financial solutions provider, dedicated to providing top payment services, contributing to promoting sustainable development. firmly into the national economy and business community.

With a persistent and steadfast will, 9Pay is determined to overcome challenges, continue to adhere to the goal of outstanding growth, constantly innovate and improve the quality of products and services to affirm its position as a leading company. leading Fintech company in Vietnam, ready to reach high and reach regional and international levels.